Compliance

ProSiebenSat.1 believes that sustained economic success in a competitive environment can only be achieved by ensuring that all action taken is in compliance with the applicable laws. Therefore, preventing corruption and violations of antitrust law is highly relevant to our business and represents an important success factor for strengthening our market position and achieving our corporate goals. ProSiebenSat.1 Group has implemented a compliance management system (CMS) for this reason.

Performing a systematic and standardized risk analysis for compliance risks represents an important foundation for the CMS. Based on the relevance analysis, a compliance risk assessment is then performed as a second step. The Executive Board supports this process by providing a suitable compliance organization as well as adequate and efficient compliance programs. Moreover, the Executive Board provides the Supervisory Board with prompt and complete information on compliance issues, both in writing and at the Supervisory Board’s quarterly meetings. The Chief Compliance Officer (CCO) is responsible for the implementation of the CMS in the Group, carries out the risk analyses and training, and advises the Executive Board on the development and implementation of appropriate measures to minimize risk.

ProSiebenSat.1 Group has laid down fundamental guidelines and procedures in its Code of Conduct. The stipulations therein define the general standards for conduct in business, legal and ethical matters. They serve as a binding reference and regulatory framework for all members of the Executive Board, the management, and the employees of the Group for dealing with each other and with external stakeholders. We are convinced that our business success also depends on the trust of our customers, business partners, and shareholders in our independence and integrity. Adherence to high ethical standards and our overall social commitment are therefore just as crucial as compliance with all relevant laws.

ProSiebenSat.1 Group has laid down fundamental guidelines and procedures in its Code of Conduct. The stipulations therein define the general standards for conduct in business, legal and ethical matters. They serve as a binding reference and regulatory framework for all members of the Executive Board, the management, and the employees of the Group for dealing with each other and with external stakeholders. We are convinced that our business success also depends on the trust of our customers, business partners, and shareholders in our independence and integrity. Adherence to high ethical standards and our overall social commitment are therefore just as crucial as compliance with all relevant laws.

Questions & Observations

Dialogue with employees, customers and business partners is important to us and, along with the Code of Conduct, an important component of our compliance management system. If you have questions, you can contact the following referent person: